CURRENT AFFAIRS

Detailed explanation-1: -P-notes are derivative instruments issued by registered foreign portfolio investors to overseas investors to enable them to trade in Indian stocks without having to register with Sebi. “No fresh derivative position, not in compliance with the above requirements, shall be allowed henceforth.

Detailed explanation-2: -Participatory notes also referred to as P-notes, or PNs, are financial instruments required by investors or hedge funds to invest in Indian securities without having to register with the Securities and Exchange Board of India (SEBI).

Detailed explanation-3: -Participatory Note is an important tool of the Indian economy and is also an important topic for the Civil Service Exam. Candidates preparing for UPSC exams are also advised to keep a track on the latest current affairs topics related to several economic developments in the country.

Detailed explanation-4: -P-notes are instruments that allow a foreign investor to take exposure in India without having to open a shop here or register with the Securities and Exchange Board of India.

Detailed explanation-5: -Participatory notes (P-notes) are issued by registered foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.